Africa Focus

In March, Standard Bank, Africa’s largest bank, and the Alliance for a Green Revolution in Africa (AGRA) set up what they call an “innovative fund” to provide loans to small farmers and small agribusinesses in Ghana, Mozambique, Tanzania and Uganda.

As the financial crisis that erupted in the United States deepened and spread to Europe and Asia, bank executives, bloggers and newspaper opinion writers throughout Africa hastened to comment on what went wrong in the system that the United States and its allies put in place in 1944 in Bretton Woods, N.H., and why African banks so far have been able to withstand the rout.